facebook
Traded Co logo
Submit

Malabar Hill Capital Acquires Development Site From Signorelli Companies In Porter For $5.5M

Property Image
SOLD
$3,100,000
Simmi Jaggi
Alex Kelly
+ 1

Texas

See Similar Deals
Development Site139,392 SF
Sold 10/02/2025
the dealplayerscompscontact
Property Image
SOLD

Malabar Hill Capital Acquires Development Site From Signorelli Companies In Porter For $5.5M

22410 Eastex Freeway

See Similar Deals
Development Site139,392 SF
Sold 10/02/2025
Simmi Jaggi
Alex Kelly
+ 1
Contact now

Summary

TEXAS
Asset Type:Development Site
Price Per Square Foot:$22
Total Square Footage:139,392 SF
Transaction Type:Sale

The property asset involved in this transaction is a development site located at 22410 Eastex Freeway in Porter. The total building square footage (BSF) is 28,800, with a land size of 139,392 square feet.

Summary of transation details:

The transaction was facilitated by a team of brokers from JLL, including Alex Kelly, Elizabeth Clampitt, Simmi Jaggi, and Karina Weathers, who represented the parties involved in this deal.

Players

Elizabeth Clampitt
2 deals$3.1M volume(713) 888-4075
BROKER

Simmi Jaggi
JLL
1 deal$3.1M volume(713) 888-4098
BROKER

Alex Kelly
JLL
1 deal$3.1M volume(713) 425-1863
BROKER

Karina Weathers
JLL
1 deal$3.1M volume(713) 212-6702
BROKER

JLL
BROKERAGE

Details

SOLD
IMAGE: Alex Kelly, Elizabeth Clampitt, Simmi Jaggi & Karina Weathers DATE: 10/02/2025 ADDRESS: 22410 Eastex Freeway MARKET: Porter ASSET TYPE: Development Site ~~ BSF: 28,800 ~ SF: 139,392 BUYER: Malabar Hill Capital (@Malabar_Hill_Capital) SELLER: Signorelli Companies BROKERS: Alex Kelly (@AhKelly), Elizabeth Clampitt, Simmi Jaggi & Karina Weathers - JLL (@JLL)

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$165,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$11,013.66
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,695.58
Annual Debt Service$176,346.98